Stripe Co-founder: Revenue Doubled to 9 Times After Acquiring Privy, Wallet Assets Increased by 25 Times
2026-10-16 00:39:42
According to CoinMeta, co-founder Patrick Collison stated that since Privy joined Stripe, the wallet's asset size has increased by about 25 times, the number of monthly active developers has increased by about 3 times, and revenue has increased by about 9 times, facilitating nearly $25 billion in transactions each month. Companies such as Ramp, Deel, Klarna, and Hyperliquid are building embedded banking features based on Privy. Stripe is integrating Privy into Treasury, LINK, and Connect and plans to launch a LINK balance feature. The wallet infrastructure now supports Merit Systems, Nevermined, and other AI agents to conduct transactions and generate revenue. Both parties are working on building a unified API to support stablecoin balances, fiat currency transfers in and out, and bank card expenditures.
Bullish 0
Bearish 0
Source:Internet
This content is for market information only and does not constitute investment advice.